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Push For N826bn Annual Fund To Combat Insecurity Angers Nigerians

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Concerned Nigerians have reacted to a revelation from the Nigerian Defence Headquarters, last Monday, that, at least, $2billion (about N826billion), would be needed yearly, to tackle the worsening insecurity in the country.

The Director of Production, Defence Headquarters, Air Vice Marshall M. A. Yakubu, who revealed this during public hearing on the Armed Forces Support Trust Fund Bill, said even the sources of funding, which the bill prescribes, were insufficient to address the problem.

“If we are not able to raise a minimum of $2billion (about N826billion) per annum in the next three years for a start, subsequently maybe we can begin to taper down the percentages. But for a start, we need a bulk sum because of many of these manufacturers of equipment require 100 per cent down payment to even start production. So, you cannot sign a contract example with the US manufacturers and pay 15 per cent mobilization as required by the procurement act.

“Nobody would look at you. Their terms must be followed. Many times we are asked to pay 100 per cent. The example is the Super Tucano. This one is on government-to-government. They insisted on 100 per cent payment within 30 days. No budgetary allocation would fund that,” he said.

Reacting to this, some Nigerians kicked against it, sarcastically asking the government to ‘sell Nigeria’ and give the proceeds to military to combat insecurity or share the money (N826billion) to Nigerians and watch insecurity be put to a stop by citizens.

The Human Rights Writers Association of Nigeria (HURIWA), yesterday, cautioned the National Assembly against politicizing the anticipated Armed Forces Trust Fund.

HURIWA said the multi-billion dollars worth of statutory Armed Forces Trust fund being contemplated by the National Assembly is a constructive idea that will inevitably transform the Nigeria military into an enviable fighting force if prudently applied.

Speaking on the proposed Armed Forces Trust Fund, HURIWA’s National Coordinator, Comrade Emmanuel Onwubiko; and the National Media Affairs Director, Miss Zainab Yusuf; described the initiative as a creative idea whose time has come.

A statement by the group reads partly, “The National Assembly should not politicize the initiative but expeditiously set up the trust fund by way of a national law as a legacy to be bequeathed to generations unborn.

“We read the Speaker of the House of Representatives, Hon Femi Gbajabiamila, saying that the military needs more funding because Nigeria is at war.

“Gbajabiamila, who stated this at a public hearing on a bill seeking to establish a special trust fund for the Armed Forces, said insecurity in the country has made extra funding for the military necessary.

“He spoke as the Defence Headquarters said at the hearing that the military will need not less than $2billion annually for the next three years, making $6billion, to effectively tackle the growing security crises across the country. We are happy with this proposal and we call for its expeditious passage”.

Besides, the Rights group has described as campaign of character assassination the allegation by some soldiers that their allowances for the past four years have been either unpaid or underpaid by the Army authority without any explanation especially in the tenure of the immediate past Chief of Army Staff, Lt-Gen Yusuf Tukur Buratai (rtd).

HURIWA specifically recalled that in a media publication, the soldiers stated that their allowances for the past four years have been either unpaid or underpaid by the army authorities without any explanation, urging the president to order the Economic and Financial Crimes Commission(EFCC)  as well as the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to probe what happened to the monies just as the aggrieved soldiers of the Nigerian Army are calling for a probe of how their Uniform and Boots Allowance and Scarce Skills Allowance approved by President Muhammadu Buhari since November, 2017, have not been paid by the army authorities, then under the former Chief of the Army Staff, Lt-Gen Tukur Buratai (rtd).

HURIWA, however, stated that authoritative information made available to it from the Nigerian Army High Command shows that contrary to the claims, that category of allowances was even introduced by the immediate past Army chief.

 

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Yahaya Bello: Senator Hails EFCC’s Probe Of N80.2bn Fraud

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Senator representing Kogi Central Senatorial District in the National Assembly, Natasha Akpoti-Uduaghan, has commended the efforts by the Economic and Financial Crimes Commission, (EFCC) to apprehend and prosecute the immediate past governors of Kogi State, Alhaji Yahaya Bello, over an alleged N80.2 billion fraud.
This is just as she also hailed the EFCC chairman, Ola Olukoyede, for ceding 14 properties that were initially forfeited to the federal government to the government and people of Enugu State.
Reacting to Bello’s excuse for not honouring the EFCC’s invitation, the lawmaker emphasized the need for the commission to investigate other corrupt public officials to avoid the impression that their actions against former governor were meant to witch hunt him.
In a now-viral video, the EFCC chairman had claimed Belloh told him that a female senator (name withheld) allegedly gathered journalists to humiliate him anytime he was at the agency’s Abuja office for interrogation.
“I called Yahaya Bello, as a serving governor, to come to my office to clear himself. I shouldn’t have done that. But he said because a certain senator had planted over 100 journalists in my office, he would not come.
“I told him that he would be allowed to use my private gate to give him a cover, but he said my men should come to his village to interrogate him,” Olukoyede was quoted as saying.
But Senator Natasha in a statement signed by her Chief Press Secretary, Arogbonlo Israel and issued at the weekend in Abuja, reminded Yahaya Bello of the importance of respecting Nigeria’s laws and constitution, given his former position as the chief security officer of Kogi.
“I was surprised to hear that Yahaya Bello evaded the invitation from the EFCC, despite having served as Kogi’s former chief security officer. As a former governor, he should understand the importance of respecting Nigeria’s laws and constitution.
“It’s a well-known fact that ‘he who comes into equity must come with clean hands’. As such, I advise him to honour the invitation and clear his name while he still has the chance.
“I’d also like to take this moment to appreciate the diligence of the EFCC in handling the case so far. No Nigerian is above the law, and therefore the agency must see this case through to the end if they are to gain the trust of both Nigerians and the international community in the fight against corruption,” she said.

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Senate  Frowns Over Continued Depreciation Of Naira

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Worried over the  latest depreciation of the Naira against major foreign currencies, the Senate through its Committee on Finance, has  stated that the Legislature  is  exploring a range of policy options to mitigate the impact of Naira depreciation and foster economic stability in the country.
These, according to the committee, in a statement signed by its chairman, Senator Sani Musa (APC Niger East) and released yesterday, includes robust oversight of fiscal policies, engagement with key stakeholders, and the formulation of targeted interventions to support key sectors of the economy.
Senator Musa said the statement became necessary “to address the current state of the economy and the need for concerted efforts at tackling the instability and continuous depreciation of the Naira.”
This is even as he hoped that the “economic managers will adhere strictly to the norms and standards set by this administration to ensure that we achieve the desired outcomes in taking Nigeria to its economic growth and prosperity”, pledging the support of the National Assembly to the executive arm of government to achieve the set goals.
He, however, urged Nigerians to remain vigilant and resilient as they navigate these uncertain times, saying “together, we can overcome the challenges facing our economy and chart a path towards prosperity for all.”
The statement titled: “State of the Nation Economy and Naira Depreciation’, reads “The Nigerian economy is facing significant challenges, exacerbated by both internal and external factors.

“Despite efforts to stabilize and bolster economic growth, the numerous initiatives and bold but necessary steps and policy decisions taken by President Bola Tinubu, the persistent depreciation of the Naira against major foreign currencies has become a pressing concern.

“The recent depreciation of the Naira underscores the need for proactive measures to safeguard the stability and resilience of our currency.

“The Senate Committee on Finance is closely monitoring the situation and is committed to working collaboratively with relevant stakeholders to implement effective policies and strategies.

“It is imperative that we address the root causes of Naira depreciation, including but not limited to fluctuations in global oil prices, fiscal deficits, and structural imbalances in the economy.”

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WIW: Banigo Advocates Legislative Impetus

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The Senator, representing Rivers West Senatorial District at National Assembly Sen.Dr. Ipalibo Harry Banigo has advocated for legislative backings to enforce immunisation as a pre-condition for admission into nursing, primary and secondary schools in Nigeria.
Banigo made the assertion recently in a statement to commemorate this year’s week-long immunisation campaign in line with the World Health Organisation advocacy.
Banigo, a Harvard-trained Public Health personnel, explained that such legislation would strengthen the National Immunisation Policy in the administration of vaccines, saves lives, helps in the child normal growth, prevents serious illness and disabilities such as poliomyelitis .
The former Deputy Governor of Rivers State who is also the Chairman, Senate Committee on Health (Secondary and Tertiary), noted that Nigeria must attain at least, 90 percent vaccine coverage for all childhood and adolescence; stressing that a fully vaccinated child should have received BCG, Mussels and three doses of DTP and Polio .
She emphasised the need for collective efforts by stakeholders in the campaign against preventable diseases .
The theme for this year’s World Immunisation Week is “Humanly Possible: Saving Lives Through Immunisation” while the national theme is “Vaccine Works For All”.

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